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Astronaut Sen. Kelly touts 'stunning' space business growth, calls for more rocket competition - TL;DR CNBC

Astronaut Sen. Kelly touts 'stunning' space business growth, calls for more rocket competition

Publishing timestamp: 2023-02-10 12:42:27


Summary

Arizona Senator Mark Kelly praised the growth of the space industry and called for increased competition. He noted that the cost of sending satellites, people, and cargo to orbit is much lower than when he flew on NASA's Space Shuttle. He encouraged companies to bring more launch vehicles to market faster and embrace competition. Most of the launches in 2022 were by Elon Musk's SpaceX, but other companies are aiming to ramp up their pace. Kelly admitted that he was initially skeptical of relying on private companies for launches, but now recognizes the importance of the commercial space sector.


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Keywords: breaking news: business,  the edge,  aerospace and defense industry,  business,  transportation,  rocket lab usa inc,  washington,  business news,  politics,  space industry,  astra space inc,  virgin orbit,  northrop grumman corp,  elon musk,  breaking news: technology,  technology, 

Source: https://www.cnbc.com/2023/02/10/astronaut-sen-mark-kelly-praises-space-business.html


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